State Administration of Taxation: Encourages the Use of Blockchain, Privacy Computing, and Other Technologies to Innovate the "Bank-Tax Interaction" Model in Compliance with Laws and Regulations

Odaily News According to a joint notice issued by the State Administration of Taxation and the National Financial Regulatory Administration titled "Notice on Further Deepening and Standardizing the 'Bank-Tax Interaction' Work," it is required to deepen the application of bank and tax data. It encourages regional banks and tax authorities to leverage technologies such as blockchain and privacy computing to innovate the "Bank-Tax Interaction" model in compliance with laws and regulations. (Shanghai Taxation Official Account)